The Russian government commissioned the Economy Ministry, Finance Ministry and the Central Bank to work out proposals on the Central Bank selling its stake in the Moscow Interbank Currency Exchange (MICEX), according to Economy Minister German Gref. The minister also said that earlier the Economy Ministry had proposed to consider the expediency of the Central Bank having a stake in Sberbank, Russia's largest savings bank. Gref emphasized that this latter issue should be discussed only after the program of guaranteeing individual deposits was fully implemented, i.e. after the year 2007.
The Central Bank's withdrawal from MICEX is unlikely to affect the stability of and confidence in the Russian banking sector, Gref concluded.
Near the United Nations Glass Palace in New York, there is a metallic sculpture entitled "Evil Defeated by Good", representing Saint George transfixing a dragon with his lance. It was donated by the USSR in 1990 to celebrate the INF Treaty concluded with the USA in 1987